MedGenome Raises $4M Series A for India DNA Database

Timothy Hay

Updated June 4, 2014 7:04 a.m. ET

Medgenome Labs Private Ltd., a Bangalore-based startup that has been profitable since spinning out from an incubator program last year, has raised a first institutional funding round of $4 million to bring DNA sequencing and big-data analysis to India, the company said.

Like Iceland, a country whose genetic homogeneity has given scientists a wealth of information about human DNA as it is passed down through generations, India is a sort of Holy Grail for research on the genetic origins of disease, said Dmitiri Mehlhorn, an individual...

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